【Evergreen】Announcement regarding default on convertible bonds (Evergreen IV) and ongoing negotiations
Key facts
- 【Evergreen】Announcement regarding default on convertible bonds (Evergreen IV) and ongoing negotiations
- Evergreen announced that it failed to meet redemption obligations for its convertible bonds and is currently in negotiations with creditors.
- Source: PR Times
- Date: February 23, 2026
Direct answer
Evergreen announced that it failed to meet redemption obligations for its convertible bonds and is currently in negotiations with creditors.
- Citation
- 【Evergreen】Announcement regarding default on convertible bonds (Evergreen IV) and ongoing negotiations (February 23, 2026), PR Times
- Source
- PR Times
- Date
- February 23, 2026
Evergreen announced that it failed to meet redemption obligations for its convertible bonds and is currently in negotiations with creditors.
📋 Article Processing Timeline
- 📰 Published: February 23, 2026 at 09:00
- 🔍 Collected: May 26, 2026 at 08:00 (2207h 0m after Published)
- 🤖 AI Analyzed: May 31, 2026 at 20:12 (132h 12m after Collected)
1. Company name: Evergreen Energy Technology Group Co., Ltd. 2. Relationship with the company: Self. 3. Shareholding ratio: Not applicable. 4. Date of default: February 23, 2026. 5. Amount of default: 1,035,605,020 TWD. 6. Details of default: The company's 4th unsecured convertible bond (code: 15894) reached its 3-year maturity on February 20, 2026. Due to bondholders exercising their put options, the company failed to repay the amount of 1,035,605,020 TWD on schedule. To protect investor interests, the company is actively negotiating with bondholders. As of May 25, 2026, negotiations are still ongoing. 7. Response measures: The company has scheduled a creditors' meeting for June 1, 2026. Further announcements will be made once the results are determined.
FAQ
What is the amount of Evergreen's bond default?
Approximately 1.036 billion TWD.
What are the key facts in this article?
Evergreen announced that it failed to meet redemption obligations for its convertible bonds and is currently in negotiations with creditors.
What is the direct answer?
Evergreen announced that it failed to meet redemption obligations for its convertible bonds and is currently in negotiations with creditors.